Dollar Value of Bank Failures

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The graphs are what really got my attention. You can see over 500 bank failures in 1989 alone. Comparing the number of bank failures doesn't look that bad, but then look at the dollar value of the very few failed banks in the 3rd graph...

WaMu accounted for a vast majority of the assets and deposits of failed banks in 2008, and it is important to remember that WaMu was closed by the FDIC, and sold to JPMorgan Chase Bank, at no cost to the Deposit Insurance Fund (DIF).